Topic: [HAVELOCK] CasinoBitco.in CBTC - page 14. (Read 149089 times)
It seems like sports betting is a super hard business to get right, even with the third parties helping
Thanks for providing a cogent argument addressing my concerns 
I'll agree my last post was hastily written but to imply that cbtc's reports for the last few months years don't even look slightly suspect is absurdly disingenuous.
I'll agree my last post was hastily written but to imply that cbtc's reports for the last few
Have you ever tried to run a business, dear troll? Since day one million profits, yeah!! I am willing to buy your shares so you can GTFO this thread 
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.Yeah looking more and more scammy with each report I mean come on what are the chances that there always happens to be a one off huge loss somewhere that's about equal to whatever money was made smh
You'll have to run through the P&Ls to find that... It's there.
We only share company reserve details with unit holders that own at least 5% of the units on Havelock or 1,500,000 units. Just share your Havelock username with me over PM and I can get your the hookup. We do this for a variety of security reasons, and you know... public companies on Nasqaq don't just let their investors know what their account number and balances are, if you don't trust our operational reports - no one is preventing you from selling your units on the Havelock marketplace.
Feel free to follow up via e-mail, or IM if you have further concerns or questions.
Where can I find information regarding the size of the company's remaining reserves?
Thanks
We only share company reserve details with unit holders that own at least 5% of the units on Havelock or 1,500,000 units. Just share your Havelock username with me over PM and I can get your the hookup. We do this for a variety of security reasons, and you know... public companies on Nasqaq don't just let their investors know what their account number and balances are, if you don't trust our operational reports - no one is preventing you from selling your units on the Havelock marketplace.
Feel free to follow up via e-mail, or IM if you have further concerns or questions.
We are well funded, and have confidence in where we are headed regardless of losses in the Sportsbook, which again - were insured.
Just to be clear: of the net -68.8262 btc loss over the last six months, how much of that is covered by insurance?Where can I find information regarding the size of the company's remaining reserves?
Thanks
We are well funded, and have confidence in where we are headed regardless of losses in the Sportsbook, which again - were insured.
Just to be clear: of the net -68.8262 btc loss over the last six months, how much of that is covered by insurance?Where can I find information regarding the size of the company's remaining reserves?
Thanks
Correct, it's not massive - especially as it relates to the amount of bitcoin raised on Havelock during our offerings in 2013. We are well funded, and have confidence in where we are headed regardless of losses in the Sportsbook, which again - were insured.
We have no intentions of going anywhere, and if you tracked our development progress you'd know we continue to move quicker on making strategic changes to both the CasinoBitco.in and Peerbet applications as we believe Bitcoin Gambling IS the future. Being an early, trusted, leader in that marketplace is paramount for our success - and our unit holders success.
We have no intentions of going anywhere, and if you tracked our development progress you'd know we continue to move quicker on making strategic changes to both the CasinoBitco.in and Peerbet applications as we believe Bitcoin Gambling IS the future. Being an early, trusted, leader in that marketplace is paramount for our success - and our unit holders success.
So casinobit.co is net -68.8262 btc over the last six months. It's not a massive amount (~$19,864 at today's rate), but it must surely be a concern for you and the other investors.
Given the relative consistency (i.e. of losses each month), what is your opinion as to how long you can keep the business afloat? If you are eating into company reserves each month - or throwing your own money at the project - how long can you keep that up?
Given the relative consistency (i.e. of losses each month), what is your opinion as to how long you can keep the business afloat? If you are eating into company reserves each month - or throwing your own money at the project - how long can you keep that up?
The team here is more than happy to have an intelligent debate, but not with folks that spread FUD for the sake of it.
Another report, another enormous loss/expense in one area that decimates any gains in other areas.
Serious question: how long can this go on? What level of reserves do you have?
Serious question: how long can this go on? What level of reserves do you have?
Were you really responding to me? What I said is neither FUD nor an accusation. Rather I am genuinely concerned about the business and, as an investor, I would appreciate an answer.
Perhaps I am missing something, but taking a look at the monthly earnings reports for the last six months, I see:
Quote
Feb: -29.424 btc Net Income
Jan: -31.3175 btc Net Income
Dec: -7.3899 btc Net Income
Nov: +23.4913 btc Net Income (a rare win)
Oct: -19.4764 btc Net Income
Sept: -4.7097 btc Net Income
So casinobit.co is net -68.8262 btc over the last six months. It's not a massive amount (~$19,864 at today's rate), but it must surely be a concern for you and the other investors.Jan: -31.3175 btc Net Income
Dec: -7.3899 btc Net Income
Nov: +23.4913 btc Net Income (a rare win)
Oct: -19.4764 btc Net Income
Sept: -4.7097 btc Net Income
Given the relative consistency (i.e. of losses each month), what is your opinion as to how long you can keep the business afloat? If you are eating into company reserves each month - or throwing your own money at the project - how long can you keep that up?
We have plenty of reserves to cover the limits we allow, and we were also insured in the Sportsbook with the 3rd party. You'd know that by reading the monthly reports in detail of course.
Now, if you've spent 5 minutes in the gambling forum, you'd be well aware that if we were a scam, or had any risk of paying customers, there would be at least 50 people jumping on us claiming we are running with the funds - literally every other thread has those accusations! But instead you'll find that we are a well-respected bitcoin casino and book that's been operational for 2 years that continues to add new features and options for our players. Just last month we paid out nearly 200 btc to large bettors in our sportsbook as they were forced to check out alternatives since our margins were altered by our third party.
https://bitcointalksearch.org/topic/m.10744612
The team here is more than happy to have an intelligent debate, but not with folks that spread FUD for the sake of it.
Now, if you've spent 5 minutes in the gambling forum, you'd be well aware that if we were a scam, or had any risk of paying customers, there would be at least 50 people jumping on us claiming we are running with the funds - literally every other thread has those accusations! But instead you'll find that we are a well-respected bitcoin casino and book that's been operational for 2 years that continues to add new features and options for our players. Just last month we paid out nearly 200 btc to large bettors in our sportsbook as they were forced to check out alternatives since our margins were altered by our third party.
https://bitcointalksearch.org/topic/m.10744612
The team here is more than happy to have an intelligent debate, but not with folks that spread FUD for the sake of it.
Another report, another enormous loss/expense in one area that decimates any gains in other areas.
Serious question: how long can this go on? What level of reserves do you have?
Serious question: how long can this go on? What level of reserves do you have?
Yeah looking more and more scammy with each report I mean come on what are the chances that there always happens to be a one off huge loss somewhere that's about equal to whatever money was made smh
Another report, another enormous loss/expense in one area that decimates any gains in other areas.
Serious question: how long can this go on? What level of reserves do you have?
Serious question: how long can this go on? What level of reserves do you have?
Yes, we will be publishing the report this week.
Any updates about febrary report ?
Any updates about febrary report ?
Havelock does seem to be down a lot these days. Wonder if they are getting DDOS attacks as well?
His site's been down for a week straight, because security update. To make doubly sure your coin is super safe, the site will not come back until Monday, because srs pen testing taiks tiem.
Havelock does seem to be down a lot these days. Wonder if they are getting DDOS attacks as well?
Kind of curious as to when the site will be up
Anyways I think the next report is due early in March but since the site was down wondering if the copy would be made available here instead to look at assuming its past March 2nd or 3rd
February is a short month
Anyways I think the next report is due early in March but since the site was down wondering if the copy would be made available here instead to look at assuming its past March 2nd or 3rd
February is a short month
Still waiting for a period where there isn't an enormous "one-off" loss/expense in one area that decimates the gains of well performing areas...
You and me both. The sports betting has really been a giant sinkhole for quitea while.
Still waiting for a period where there isn't an enormous "one-off" loss/expense in one area that decimates the gains of well performing areas...
How big is the percentage you will get from the 3rd party provider.
After an internal review, it should be published on Havelock Investments tomorrow evening.
I am looking forward this report as well!
Where is the January report ?
I am looking forward this report as well!
Where is the January report ?
I am looking forward this report as well!
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